Best way how to buy Mothership (MSP) and where

How do you want to buy Mothership?

Choose this option if you want to buy Mothership (MSP) with EUR, USD, GBP, CHF or other Fiat currencies.

Choose this option if you already have Ethereum or Bitcoin on an exchange or in a wallet.

Introduction

The following guide will explain, how to buy Mothership (MSP). With simple step-by-step instructions, this buying guide is especially suitable for beginners. You will learn how to buy Mothership token with USD, EUR, GBP, RUB or other currencies and different deposit methods like credit card, bank transfer or others.

Since Mothership is only available on a cryptocurrency exchange which doesn’t support FIAT (USD, EUR,...) deposits, you will need to buy Ethereum (ETH) or Bitcoin (BTC) on a suitable exchange first and transfer it to another exchange, where you will finally be able to purchase Mothership.

Sounds complicated? Don’t worry, we got you!

1

Choose an exchange

DE, EN, ES, FR, ID, IT, NL, PT

AUD, EUR, GBP, SDG, USD

Coinbase is a well-known exchange for beginners and starters. $10 Bonus if you register via us and deposit more than $100 or equivalent.

DE, EN

CHF, EUR, GBP, USD

This is one of the best cryptocurrency exchanges for European citizens, with an easy to use interface and great support.

DE, EN, ES, IT, PT, RU

EUR, GBP, RUB, USD

At CEX.io you can buy form almost all over the world Bitcoin, Etherum with FIAT via Bank Transfer or Credit Card.

There are more exchanges where you can buy ETH or BTC with other currencies or deposit options. If you wanna check them, go to this Exchange List.

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Go to Coinbase.com

In order to buy Mothership, we need to buy first Ethereum (ETH) tokens, which we will then transfer to another exchange.

Go to https://www.coinbase.com and make sure the address is correct and that you see the secure symbol next to the URL. Click the "Sign Up" button in the top right corner of the site.

Now add your name, email address, a secure password, solve the captcha and confirm that you are over 18 years and agree to the User Agreement as well as the Privacy Policy. Coinbase will send you now an email, which you will need to confirm.

Go into your mail inbox and open the email you got from Coinbase and click on the confirmation link, which will bring you back to Coinbase again.

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Two-factor authentication setup

When you are back on Coinbase.com just log in with your email and password if you are not logged in already. In some areas, you have to confirm the new GDPR rules. Afterward you will see the dashboard of Coinbase.com.

Now you need to scroll down a bit and activate 2-factor authentication by adding your phone number. For that just click on the Field "Add your phone number" on the lower left side of the page. A new pop-up shows up where you have to add your phone number. To confirm your number, you will get now a message with a code on your phone. Enter this code in the next window.

Done!

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Verification

In order to buy and sell ETH on Coinbase or add payment methods, you will need to verify your identity. To do so click on "Verify your identity" on the lower left side of the dashboard. Again a new window will pop up and let you choose how you want to verify yourself. Just choose whichever option you prefer and continue as instructed on the screen.

For the verification process you can either use a computer (with webcam) or your smartphone, where you can download the Coinbase app.

After you have uploaded your documents it can take a few minutes for your account to be verified:

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Add payment method

We are only one step away from buying cryptocurrencies on Coinbase. Before we can, we have to add a payment method. Click on "Add a payment method" on the lower left side of the page.

A new window will pop up and let you choose between the following options:

Bank transferYou can choose a bank transfer; in the next steps you will have to enter your name and the name of the bank where you will make the transfer from. You will then get a reference number, which you will have to add into your bank transfer. This is important, since Coinbase can't link your transfer to your account. So don't forget to double-check your data before you transfer your funds. It may also take a few days till your transfer is connected to your account.

Credit / debit card:If you choose credit / debit card, you will have to add your address and then just enter your card details. Coinbase will take a small fee for payments with cards: therefore, transactions are instant. For your information: some banks and credit card issuers block orders from Coinbase and other exchanges. If this happens to you try another debit card or use a bank transfer to deposit money into Coinbase.com.

Now log back into your Coinbase Account and click on "Buy / Sell" or just follow this link.

Now choose Ethereum from the overview, select the payment method, add the amount you want to buy in ETH or Fiat and click "Buy Ethereum Instantly".

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Authorize your transaction

You will again see all the details of your transaction, with the exact amount of Ethereum you will purchase and how much you will pay for it. If the data are correct, click "Confirm Buy".

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Half-time!

You have just bought Ethereum (ETH), which are now stored in your Coinbase wallet!

In a few steps we will send your desired amount of Ethereum from Coinbase.com to the exchange, where you will buy the Mothership tokens. To do so, choose the exchange where you want to buy Mothership (MSP) in the next step!

Warning: Only users from European countries can register at this exchange!

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Go to Bitpanda

As mentioned before, in order to buy Mothership, we need to buy first Ethereum (ETH), which we will then transfer to another exchange.

So let's start with buying Ethereum! Since you have selected Bitpanda to buy ETH, go to https://www.bitpanda.com and make sure the address is correct and that you see the secure symbol next to the URL. Click the "Sign Up" button in the top right corner of the site.

For security reasons we highly recommend to set up 2-factor authentication. Once you are logged in, you will find a hint "Enable Two Factor Authentication (2FA)" in the dashboard of Bitpanda - click on it. On the new site, you will see a barcode as well as a secure code. Save this secure code in a safe place, since you will be able to recover your 2FA Code with this code, if you lose your phone. Just follow the short instruction of Bitpanda and install the Google Authentication App on your smartphone and then scan or enter the code.

For the setup you will need a phone with Android or iOS. IMPORTANT: Save the secure code you will see in a safe place. If you ever lose your phone, you will be able to recover your 2FA-Code for Bitpanda. Otherwise, you might not be able to access your account and have to contact the support.

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Verification

In order to buy and sell cryptocurrencies on Bitpanda, you will have to verify your identity. When you log into your Bitpanda account, you will see various hints to verify yourself. Just click on one of the "Verify" buttons. A new window will open, where you first have to add more personal data.

In the next step you have to choose, with which ID (e.g ID, Passport,..) you want to verify. After that you will be forwarded to a Video Identification Service of your choice. You can do this either via your smartphone or your computer (should have a webcam). Just follow the instructions and you will be ready after a few minutes.

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Choose a deposit option

Once you are registered, you have to click "Deposit" in the top right corner of the page. A new window will pop up and let you choose which FIAT you want to deposit: EURO, USD, GPB, CHF. Next you can choose how you want to deposit your Money. There are plenty of options, although most are only available for EURO:

Minimum deposit will be 25€, while max. deposit varies between 2500€ and 500.000€. Make sure to check the fees for each deposit option:

Sofort Überweisung - 1,99% fee - max. 10.000€ - Instant

Visa Credit / Debit card - 1,5% fee - max. 2.500€ - Instant

Mastercard Credit / Debit card - 1,5% fee - max. 2.500€ - Instant

Bank Transfer - FREE - max. 500.000€ - 2-3 business days

EPS - 0,25€ + 2% (max. 2,00€) fee - max. 10.000€ - Instant

Giropay - 0,25€ + 2% (max. 2,00€) fee - max. 10.000€ - Instant

Neteller - 0,90€ + 3,6% fee - Instant

Skrill - 1,00€ + 3,6% fee - Instant

Once you have decided how you want to deposit, just follow the instructions of the website.

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Trade on Bitpanda

You are almost done! Since your money is now in your Bitpanda-account, you are just a few clicks away from your new Ethereum. Just click on "TRADE" in the upper right corner of the website - a new window will pop up where you then click "Buy".

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Choose "ETH Wallet"

Now you see all available Coins and Tokens. You will choose now "ETH Wallet", then choose with which Fiat wallet you want to pay - e.g. EURO.

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Choose the amount

Simply enter, for how many e.g. EURO or USD you want to buy Ethereum (ETH) and click "Go to Summary".

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Check your order

You will see now the summary of your order, with the exact amount of ETH you will purchase and how much you will pay for it. If the data are correct, click "Buy now".

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Half-time!

You have just bought Ethereum (ETH), which are now stored in your Bitpanda Wallet!

In a few steps we will send your desired amount of Ethereum from Bitpanda.com to the exchange, where you will buy the Mothership tokens. To do so, choose the exchange where you want to buy Mothership (MSP) in the next step!

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Register at CEX.IO

As mentioned before, in order to buy Mothership, we need to buy first Ethereum (ETH), which we will then transfer to another exchange.

So let's start with buying Ethereum! Since you have selected CEX to buy ETH, go to https://cex.io and make sure the address is correct and that you see the secure symbol next to the URL. Click the "Register" button in the top right corner of the site. Now add your email address and create a secure password. You will have to click a box that you agree to the terms and conditions. Hit "Register" button and you will be led to the next step.

Check your email now, you will find an email with a verification link. After you click that, you are all set up to log into CEX.

The next screen will tell you to set up 2-factor authentication - DON’T skip this step, it's highly advised to use this to keep your account secure. Choose the smartphone app option, that way you can use and check your CEX-account on your phone anytime.

For the setup you will need a phone with Android or iOS. IMPORTANT: Save the code you will see afterwards in a safe place. If you ever lose your phone, you will be able to regenerate your 2FA-Code for CEX.IO. Otherwise, you might not be able to access your account and have to contact the support.

1

Verification

In order to buy and sell cryptocurrencies, you will have to verify your identity. Log into your CEX.IO account and look for your user ID in the top right corner. Mouse-over there, a drop-down menu will open - click "Verification".

Now you can add your personal information and upload an image of your ID in the form:

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Choose your deposit option

The main page will right away offer you to buy Ethereum with a credit card. Anyway click on 'Deposit' in the top right area of the website. You will have here now two options to choose from:

Bank transferThe credit card option will cost you a fee but works instantly. For bank transfer, CEX doesn’t take a fee, but the transaction will take a few days. In those days, the price of the coin can change due to the changes on the cryptocurrency market, so keep that in mind.When using a credit card, you will have to verify that the card belongs to you. Upload an image of your ID and a selfie of you holding the ID.

Bank transferFor bank transfer, CEX doesn’t take a fee, but the transaction will take a few days.

Choose now the option you prefer and proceed.

1

Place your order

When your money is deposited in your account, just go back to the Buy / Sell Page. First choose "ETH" from the drop-down menu, as well as with which currency you want to pay (Euro, Dollar, Pound or Ruble). You will see some predefined offers, or you can simply enter any amount of ETH you wanna purchase. After you have selected one of the options just click "Buy".

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Verify your order

Check again if the amount of Ethereum (ETH) and the prices are correct - if everything is right, click the confirm button.

Depending on your security settings you have to confirm the order with a code which you will get on your phone.

1

Almost done

You have just bought Ethereum (ETH), which are now stored in your CEX.IO account!

In a few steps we will send your desired amount of Ethereum from CEX.IO to the exchange, where you will buy the Mothership tokens. To do so, choose the exchange where you want to buy Mothership (MSP) in the next step!

1

Choose where to buy Mothership

Choose now one of the following exchanges, where you will finally buy Mothership.

EN, JA, KO, ZH

HitBTC provides it cryptocurrency exchange services since 2013. It offers a variety of tokens and coins, with an not so beginner-friendly interface.

-

1

Register at HitBTC

In order to use HitBTC, go to https://www.hitbtc.com. Make sure the URL is correct and that you see the green secure symbol in the URL field. In the upper right-hand corner of the site, click "Register".

A new window will open. Add your email address, a secure password and hit "Register".

Now go to your mail inbox and check your emails for a confirmation email from HitBTC. Open the email and click on the link in this email.

1

Two-factor authentication setup

Now you can log into your account - https://www.hitbtc.com. We highly advise you to set up two-factor authentication to make your account as secure as possible. The site will even remind you to set it up when you first log in. Follow the link or if you can't see the message go to Settings > Security (direct Link). Just follow the three steps, that HitBTC provides you with.

For the setup you will need a phone with Android or iOS. IMPORTANT: Save the backup code you see in "Step 3" in a safe place. If you ever lose your phone, you will be able to regenerate your 2FA-Code for hitbtc.com. Otherwise, you might not be able to access your account and have to contact the Support Team.

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Make a Deposit

Go to the top menu and click "Account"; here you will see a list of all available coins and tokens. On HitBTC you will have two accounts — the main account, where all your deposits go into, and a trading account. Only the coins in the trading account can and will be used when you buy or sell coins and tokens.

In order to purchase Mothership on HitBTC, you will have to transfer your Ethereum, which we bought before or you already had, to your HitBTC account. Ethereum should be right on top of the list; click the "Deposit" icpn and simply copy the deposit address.

1

Transfer token to Your Trading Account

The Ethereum tokens will arrive in your main account. To trade, we have to move the ETH to the "Trading Account". Just click the little arrow pointing from your main account to your trading account, specify the amount you want to transfer and it will move over immediately and without fees.

1

Go to "Exchange"

Buying Mothership from here is easy — click "Exchange" in the navigation bar and look over on the right side to "Instruments". As we want to purchase Mothership with Ethereum, choose the "ETH" tab and write MSP in the search field or just click here.

1

Choose Limit or Market Order

Below the "Instruments", you can now decide if you want to get MSP by setting a "Market Order" or a "Limit Order".

There are two things to watch out for — do you want to buy with a market order or limit order?

Setting a Limit Order means that you specify how many Mothership token you want to buy and the maximum price you want to pay (or accept) per Mothership. If there is an order that matches or is lower then this, it will be filled right away. If there is no match, it can take a while until your order is filled.

When you use a Market Order, you only specify how many MSP token you want to buy, and your order will be filled immediately to the price that is available on the market. This means that you might not decide on the price you pay for Mothership but your order will go through right away.

Depending on the trading volume of the token we recommend Market Orders only for smaller amounts since they could lower the price quite significantly depending on the Buy Orders. On the other hand, Limit Orders can take a long time to be filled or don't even have to reach your selected price. Of course, you can always cancel your order and set it up again.

1

Buy Mothership (MSP) from hitbtc.com

In our example, we bought Mothership using a market order, setting the amount of MSP token we wanted to buy. The HitBTC system calculates the price and fees in ETH for you. So however you decide to buy your Mothership, click either the "Market" or "Limit" tab and enter the necessary details. If you are buying with a Limit Order, double-check your price — especially everything behind the comma. If you forget a zero you will pay way too much for the token. If everything looks good to you, click "Buy Market" or "Buy Limit".

Note: If you choose Limit Order, it can take a few moments until your order is filled as you need to wait for someone to accept your offer, e.g. someone sells for the price you want to buy for. You can always cancel your order in the "My Orders and Trades MSP/ETH" widget and enter a new order.

1

Congratulations

Congratulations, you have just bought Mothership successfully. You can check your balance on the account page.

Now make sure that you transfer your tokens back into your main account. To do so, click on the arrow pointing from your trading account to your main account and enter the amount you want to transfer.

You can now withdraw your Mothership tokens to your own wallet or even send them to a friend. We are going to show you how to do this in the next steps. Please also read through the wallet information below and make sure you store your Mothership in a secure place.

1

Store Mothership (MSP) in a secure wallet

Saving Mothership on an exchange is by far the least secure way to store your tokens. This means cryptocurrency exchanges are often targets of hackers, as you might have heard already. The most secure way to hold your Mothership is to save them in a hardware wallet like this:

Before you buy one, make sure it is compatible with Mothership; you will find more information on the website of the manufacturer's website.

Another way to securely store your tokens is to send them to a desktop, mobile or online wallet.

We are going to show you now, how to store your MSP on My Ether Wallet or also known as MEW. Before we do that, we have some important information:

When you go to https://www.myetherwallet.com, always check that the domain is correct — no underlines, no points under letters or similar — and that the green secure symbol and "MyEtherWallet INC US" are visible before the URL.

When you send Tokens, other then Ethereum (ETH) to MyEtherWallet, you will need to pay "Gas" to the network in order to transfer the tokens again from your wallet to another address. For this you will need to send Ethereum to your wallet address. You can find a detailed guide here: how to buy Ethereum.

It is possible that you won't see your MSP in your wallet. You can find detailed instructions explaining how to make them appear, on the official site of myetherwallet. If you just want to check the balance you can enter your new wallet address in etherscan.io.

Not all tokens or coins are compatible with MyEtherWallet. Please make sure your token is compatible. If you send a non ERC-20 token or ETH token to your wallet address, the funds will be lost.

Now we are ready — let's start!

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Go to www.myetherwallet.com

Go to https://www.myetherwallet.com and bookmark the page because there have been cases of phishing sites that mirror My Ether Wallet. Check the URL and look for a MyEtherWallet INC US certificate — this makes sure you are on the original site.

The site will give you lots of information about privacy and what the My Ether Wallet is - make sure you really read this, it’s very valuable information.

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Create a wallet

Create a new wallet by first entering a secure password you can remember, but that no one else can guess. The best idea is to write the password down on paper and store it in a safe place.

Then click "Create New Wallet".

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Save your Keystore file

You will be asked to download the “Keystore File”, so go ahead and do so. Make sure you don’t lose this file and store it in a safe place, like an encrypted folder on a USB stick. The file is needed to recover or restore your wallet and it can also be used to access your MyEtherWallet, together with your password. When you have downloaded and backed up that file, click “I Understand. Continue”.

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Your private key

Think of your private key as your PIN number that accesses your bank account Click it is very important that only you know and have access to that key. With the private key you also will be able to get access to your Mothership or other tokens that are stored in your wallet. Again this is an important key and it is not your wallet address / public address. Don't give it to any person and store it in a safe place, e.g. written down on paper stored in a fire and water resistant safe.

1

Unlock your wallet

When you want to unlock your Mothership wallet to get to your public keys (your wallet address), you will have multiple options to choose from.

If you do not have a hardware wallet like the Ledger Nano S or TREZOR or are already connected to Meta Mask, we advise you to choose "Keystore File option" over the "Private Key" option. This means that whenever you want to access your wallet, you will have to upload the Keystore file you have previously downloaded, plus your password.

Add the information and unlock your wallet! YAY — you have created a My Ether Wallet that you can use to store, receive or send compatible digital funds.

1

Send and receive Mothership and other tokens

Now you can send and receive Mothership (MSP) or other compatible coins or tokens - e.g. ERC-20 tokens. All you need to do is copy your public key (your wallet address). You can find your wallet address by going to the top menu, clicking on "Send Ether & Tokens" and just looking to the right — you will see "Account Address".

On this "Send Ether & Tokens" page you will also find your account balance and transaction history. Sending Mothership or other tokens is as easy as receiving them — under "Send Ether or Tokens" simply add the address (always double-check it) that you want to send your tokens to, specify the amount and click "Generate Transaction". My Ether Wallet will set the Gas price for you, but you can also adjust it yourself if you want to.

Now copy this account address! Next, we will go back to the exchange and send your Mothership to your wallet address — just scroll to the next step.

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Check your balance or add custom token

As mentioned before, it can take a while for your MSP to appear in your wallet. Make sure your token is loaded to the My Ether Wallet. For this, simply go to the right side underneath your balance and click on "Show Token Balance". You will find tokens that are supported by My Ether Wallet here. Search for MSP and click "Load".

Newer tokens aren't in the list, but don't worry; you can simply add them, as mentioned at the beginning of the guide. Just follow the instructions on this help page from MyEtherWallet.

It can take a few minutes until your token is loaded, but after it’s loaded, you can see the amount of tokens you owe in the list.

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Sell your Mothership (MSP)

Congratulations, you have successfully stored your Mothership in a wallet. If you want to sell your MSP, send your tokens from your wallet to the exchange. Simply reverse the process you have gone through now.

If you want to send tokens from your MEW you will need "Gas" in order to pay for the transaction. In order to get this "Gas" you need to transfer some Ethereum to your wallet (same account address). You can find here a step-by-step guide to purchasing Ethereum (ETH).

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